Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps

تمرين 10

For tax purposes, one of the requirements to recognize income is that a. The income must be tax-exempt.
B) There must be an economic benefit.
C) The transaction must occur but completion of the transaction is not necessary.
D) There must be a cash transaction.